SEARCH RESULT

Total Matching Records found : 1293

FMCG companies red-flag gathering rural slowdown -Pranav Mukul & Anil Sasi

-The Indian Express There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit. New Delhi: The impact of the deepening consumption slowdown is being felt beyond discretionary purchases such as vehicles and durables with fast-moving consumer goods (FMCG) companies Manufacturing small-ticket items such as soaps, biscuits...

More »

Biscuit-maker Parle says it may have to sack 8,000 to 10,000 workers amid slowdown in sales

-Scroll.in The company said higher taxes in the GST system had forced it to increase prices. It caused consumer demand to fall. Biscuit maker Parle Products Private Limited on Tuesday said it may lay off almost 10,000 employees if the demand slowdown continues, The Economic Times reported. “We have sought reduction in the Goods and Services Tax on biscuits priced at Rs 100 per kg or below, which are typically sold in...

More »

The Indian economy is blaring warnings, but the Modi government remains in denial -Jayati Ghosh

-Scroll.in/ qz.com While the government was busy celebrating cosmetic measures like ‘ease of doing business’ ranking, the real economy tanked. Suddenly, it seems like everything is shrinking in India: our capacity for tolerance and diversity, the space for democratic expression and dissent – and now, economic growth. The warning signs have reached a point where they cannot be ignored any longer and more people, including prominent business leaders, are speaking out. Yet, at...

More »

Dial 'M' for Manufacturing -Santosh Mehrotra & J Parida

-The Hindu The recent PLFS data, which show a historic decline in Manufacturing employment, make one fact plain — India desperately needs a comprehensive industrial policy, absent since 1991 The Union Budget suggests that the government has not recognised the need to create more Manufacturing jobs. For the first time ever, Manufacturing jobs fell in absolute terms between 2011-12 and 2017-18, to quote the Periodic Labour Force Survey (PLFS) of the National...

More »

Budget 2019 Sorely Lacks a Coherent Vision for Long-Term Growth -MK Venu

-TheWire.in While Nirmala Sitharaman's maiden budget hit all the right political notes, its fiscal math is far fuzzier. The first budget of the Narendra Modi government 2.0 is very high on political rhetoric around empowering the poorest in ‘New India’, but does not have a clear road map of how a fully-funded welfare state will be sustained without a robust revival in growth, based on the twin engines of investment and consumption...

More »

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close